Last checked at 8 Apr 2022 16:10
Rio Tinto plc annual general meeting
The annual general meeting of Rio Tinto plc was held on 8 April 2022.
Under Rio Tinto's dual listed companies structure established in 1995, decisions on significant matters affecting shareholders of Rio Tinto plc and Rio Tinto Limited in similar ways are taken through a joint electoral procedure. Resolutions 1 to 17 (inclusive) and Resolution 22 of the Rio Tinto plc annual general meeting fall into this category, and the results of the voting on these resolutions will be announced shortly after the Rio Tinto Limited annual general meeting which will be held in Australia on 5 May 2022.
The remaining resolutions 18 to 21 (inclusive) were put to Rio Tinto plc shareholders on a poll at the annual general meeting today. The results of that poll are set out below.
The addresses given by the Chairman and the Chief Executive are available at www.riotinto.com/agm.
Resolutions | For/Discretion (no of votes) | % for / discretion | Against (no of votes) | Total votes validly cast | % of issued share capital voted | Withheld* | ||||||
18. General authority to allot shares |
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19. Disapplication of pre-emption rights |
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20. Authority to purchase Rio Tinto plc shares |
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21. Notice period for general meetings other than annual general meetings |
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*It should be noted that a vote 'withheld' is not a vote in law and is not counted in the calculation of the proportion of votes for and against each resolution.
For the purposes of section 341 of the UK Companies Act 2006, the votes validly cast are expressed in the table as a percentage of Rio Tinto plc's total issued share capital (excluding shares held in Treasury) as at 8pm on 6 April 2022, being the time at which a shareholder had to be registered in the Company's register of members in order to attend and vote at the annual general meeting. The number of shares in issue was 1,255,806,237 (excluding Treasury shares 1,249,216,054).
The Company notes that Resolution 20 'Authority to purchase Rio Tinto plc shares' was passed with less than 80% of votes in favour. Shining Prospect (a subsidiary of the Aluminium Corporation of China "Chinalco") voted against Resolution 20. Chinalco has not sold any of its shares in Rio Tinto plc and now has a holding of over 14% given its non-participation in the Company's significant share buyback programmes. This places Chinalco close to the 14.99% holding threshold agreed with the Australian Government at the time of its original investment in Rio Tinto.
In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
LEI: 213800YOEO5OQ72G2R82Classification: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Contacts | Please direct all enquiries to media.enquiries@riotinto.com |
Media Relations, UK Illtud Harri M +44 7920 503 600
David Outhwaite M +44 7787 597 493
Media Relations, Americas Matthew Klar T +1 514 608 4429
Investor Relations, UK Menno Sanderse M: +44 7825 195 178
David Ovington M +44 7920 010 978
Clare Peever M +44 7788 967 877
| Media Relations, Australia Jonathan Rose M +61 447 028 913
Matt Chambers M +61 433 525 739
Jesse Riseborough M +61 436 653 412
Investor Relations, Australia Amar Jambaa M +61 472 865 948 |
Rio Tinto plc 6 St James's SquareLondon SW1Y 4ADUnited Kingdom T +44 20 7781 2000Registered in England No. 719885 | Rio Tinto Limited Level 7, 360 Collins Street Melbourne 3000 Australia
T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 |
This announcement is authorised for release to the market by Steve Allen, Rio Tinto's Group Company Secretary.
riotinto.com